Fact sheet: BNY Mellon European Cr

Fund information
Fund name
BNY Mellon European Credit A Acc
Fund manager company
BNY Mellon Investment Manageme
Fund type
No data available.
Fund manager
  • Lucy Speakesince 12/02/2013
Fund objective
A total return comprised of income and capital growth by investing in bonds and similar debt investments issued by companies listed or located in Europe.
Benchmark
  • Markit iBoxx Euro Corporates TR
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.9%
1 Year rank in sector
34/46
Sector
FO Fixed Int - EUR Corporate Bond
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.15%
Fund size
£106m (£50m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
62
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX27.9%
Schroder ISF €Cp Bd8.8%
JI High Grade Corporate Bonds CL7.9%
T. Rowe Price Euro Corp Bd7.5%
StanLife Inv €CrpBdSRI7.5%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • Money Market23.4%
    North America18.2%
    UK15.1%
    France13.2%
    Germany9.9%
  • Financials38.5%
    Non-Cyclical Goods25.6%
    Cyclical Goods22.6%
    Money Market6.6%
    Mutual Funds4.1%
  • Money Market23.4%
    North American Fixed Interest18.2%
    UK Fixed Interest15.1%
    French Fixed Interest13.2%
    German Fixed Interest9.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%2.3%3.7%5.9%14.8%-
Sector-0.1%2.7%4.1%6.5%13.4%31.6%
Rank within sector27 / 4731 / 4726 / 4734 / 4613 / 43-
Quartile3rd3rd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.2%-0.1%7.7%--
Sector5.9%-1%6.9%2.2%13.3%
Rank within sector32 / 469 / 4621 / 44--
Quartile3rd1st2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.95
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.91
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.61
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
2.7
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
0.69
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.82
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.94
Price movement
52 week high118.2
52 week low110.53
Current bid price-
Current offer price-
Current mid price117.77
Region
1Money Market23.4%
2North America18.2%
3UK15.1%
4France13.2%
5Germany9.9%
6Italy6.1%
7Spain4.6%
8Netherlands3.8%
9Not Specified2.6%
Industry sector
1Financials38.5%
2Non-Cyclical Goods25.6%
3Cyclical Goods22.6%
4Money Market6.6%
5Mutual Funds4.1%
6Asset/Mortgage-Backed Securities1.4%
7Mortgage & Secured Bonds1.2%
Asset type
1Money Market23.4%
2North American Fixed Interest18.2%
3UK Fixed Interest15.1%
4French Fixed Interest13.2%
5German Fixed Interest9.9%
6Italian Fixed Interest6.1%
7Spanish Fixed Interest4.6%
8Dutch Fixed Interest3.8%
9Global Fixed Interest2.6%
Individual holdings
No data available.
Management
Fund manager group
BNY Mellon
Fund manager company
BNY Mellon Investment Manageme
Fund type
No data available.
Fund objective
A total return comprised of income and capital growth by investing in bonds and similar debt investments issued by companies listed or located in Europe.
Benchmark
  • Markit iBoxx Euro Corporates TR
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Lucy Speake12/02/2013Lucy joined Rothschild in 1991. She is responsible for corporate bond investment in UK and European portfolios. Lucy is a qualified Associate of the UK Society of Investment Professionals (UKSIP), formerly the IIMR.
Compliance
Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Gibraltar, Guernsey, Hong Kong, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden, Taiwan - Province Of China
BNY Mellon European Credit A Acc
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.7652
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIAFQ
BNY Mellon European Credit C Acc
Initial charge5%
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.8849
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIAFL
BNY Mellon European Credit C Inc
Initial charge5%
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.8465
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIAFK
BNY Mellon European Credit I Hedged USD
Initial charge5%
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.7965
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM89B
BNY Mellon European Credit X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price122.288
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIAFM
BNY Mellon European Credit X Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.999
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIAFN
Data provided by

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